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HSH Nordbank to obtain 30bn euros from capital market (Optionen und Provisionen).
(From Suddeutsche Zeitung)
HSH Nordbank, the German public sector regional bank, is planning to obtain 30bn euros from the capital market and to have this sum guaranteed by the state. The bank needs half of this sum and wants to use the other half as a buffer. Chairman Hans Berger also wants to increase the bank's equity; it is not certain whether he will obtain the necessary funds from the bank's owners or from the German government. It is also uncertain what conditions will be imposed on the bank in exchange for the state support. ...
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